The recently released 6th Annual Litigation Trend Survey Report reflects good news for small firm lawyers and solo practitioners offering document review, e-discovery, and other general counsel services to large and small corporations.
Fulbright generally surveys corporate counsel on issues concerning legal spending, budget concerns, and other general issues affecting litigation. However, the 2009 survey inquires about other issues that are of growing importance, such as how the economic downturn is affecting legal departments and corporations, alternate fee arrangements, the increasing use and costs of e-discovery, as well as the personal use of social media websites such as Twitter, Facebook, Myspace, etc by their employees.
Fulbright Survey Findings
The survey responders revealed interesting facts about the state of the legal profession and the direction in which it’s moving.
76% of the corporate attorneys indicate their companies outsource certain e-discovery functions to outside counsel. When asked to rate their satisfaction with outside counsel’s ability to meet their needs as they relate to electronic discovery, cost management and budget forecasts, a large majority (nearly 90%) indicate they are satisfied with the services provided by outside attorneys.
Read more about Fulbright’s findings here…
[...] an earlier post, we discussed the 2009 Fulbright Study in which corporate attorneys in many countries were surveyed on topics affecting legal departments, and the manner in which they provide legal [...]